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Wednesday, 16 September 1936

Senator Sir GEORGE PEARCE (Western Australia) (Minister for journal Affairs) [5.29]. - The amounts under the heading " Exchange " relate mainly to purchases made by the Defence Department overseas. For instance, although a special appropriation was made in respect of the cruiser Sydney, and the money placed in a trust fund, payments have still to be made. Exchange on such amounts must be provided. Moreover large sums of money are required to pay for the guns required for the protection of Sydney, Newcastle and Perth, and exchange on such payments is provided under this appropriation. The amountrepresented by exchange on salaries is small ; the greater portion of these sums is for exchange on the cost of guns, ammunition and materials purchased overseas.

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